National
Bethesda to Gain More Than 600 Apartments in 2015
More apartments are coming to one of the most affluent and highly educated communities in the United States, as two developments in Bethesda have recently taken important steps in the development process. By 2015, they will deliver over 600 new residential units to the hot D.C. suburb.
Walmart to Open 1.2 Million Sq. Ft. Fulfillment Center in Bethlehem, Add 350 New Jobs
Liberty Property Trust, one of the biggest commercial landlords which owns and manages more than 15.1 million square feet of space in the Lehigh Valley area, announced a record 1.2 million-square-foot lease in the Lehigh Valley Industrial Park VII in Bethlehem
Detroit Becomes One of Google’s Seven Tech Hubs in North America
Internet giant Google launched last week a new network for tech startups that’s part of the company’s “Google for Entrepreneurs”, a two-year initiative currently operating in more than 100 countries that helps foster entrepreneurship and add new jobs in communities from all over the world.
220-Unit Apartment Project Advances in Upper St. Clair
A new 220-unit upscale multi-family development is slated to rise in the city’s Upper St. Clair suburb. According to the Pittsburgh Business Times, the project’s developer, a company affiliated with Bridgeville-based construction firm John Deklewa & Sons Inc., has recently been granted final approvals from the township’s municipality to move the project forward.
Omni Nashville Opens while Crescent Cool Springs Apartments Break Ground
A ribbon cutting ceremony attended by local, state and Omni company officials marked the grand opening of the 800-key Omni Nashville Hotel, possibly the most anticipated hotel development in Nashville.
New Multifamily Division to Focus on Developing Projects in Growing Tech Markets
By Alex Girda, Associate Editor As the main tech markets continue their emergence, driven by the growth of big names such as Google, Facebook and Apple and their development of new design-heavy facilities, as well as the growing interest in the San Francisco Peninsula, the market was bound to drive the residential pipeline to a […]
108-Unit Downtown Condominium Project Sold Out in Charleston
Charleston’s growing economy and appetite for housing has been proved again with the announcement that Bee Street Lofts, a 108-unit downtown condominium development has officially sold out.
Berkadia Arranges $46.4 Million for Two MF Properties
The Chicago office of Berkadia Commercial Mortgage LLC has recently announced it has closed a total of $46.4 million through the U.S. Department of Housing and Urban Development’s 223(f) program for two apartment communities.
SARES-REGIS Multifamily Fund Acquires 156-Unit Value-Add Property in Denver
SARES-REGIS Multifamily Fund L.P. recently announced it has acquired Arabella, a 156-unit apartment community in Denver, Colorado, from Fairfield Properties.
Bosa Development Proceeds with Second Condo Tower at Insignia
News regarding new development projects in Seattle is extremely common these days, with the city experiencing a tech market boom and an increase in residential development that has the city sorted for the next few years. The most recent bits of news regarding the area’s condo market have revolved around Bosa Development Corp.’s Insignia project, and the project is now set to double down on its initiative, thereby completing the developer’s original plan. Another important development hotbed for the city is Pioneer Square where Stadium Place has recently lit the area up with its varied development projects. With a new mixed-use project on the pipeline for the area, it seems that the smallest of roadblocks might change the developer’s mind.